Wealth destruction - Should we be talking about it?, page-2

Mate, I first bought ALT at the start of 2014 on the back of confidence in two seemingly promising products. In the 6 years since, I've seen multiple capital raises but never any real progress off the back of them (just a few fluffy press releases). At first I participated in these CRs and have even picked up more shares at what I thought were opportune times. It became apparent a few years back that either the management are totally incompetent or are just using the company as a vehicle to fund themselves and their lifestyle (or both). Since then I've viewed my ALT "investment" as a total punt and basically written it off. I think they'll continue with CRs until the company folds or is taken over for a minuscule figure.